"Pension reform in Ukraine"

20.06.2011

On 11-13 June 2011, the Gorshenin Institute conducted a telephone survey devoted to the issue of pension reform in Ukraine.

As many as 1,000 randomly sampled adults, aged 18 years and older, living in Ukraine’s regional centers, cities, towns and villages, including Kiev and Sevastopol, were interviewed. The region, sex and age of the respondents were selected as quotas. The maximum margin of sampling error is +/-3.2 percentage points.

Do you think that pension reform is necessary in Ukraine at present?

  • Definitely necessary – 52.3%
  • Somewhat necessary – 24.8%
  • Somewhat unnecessary – 3.2%
  • Definitely unnecessary – 1.6%

In your opinion, what kind of pension system should we have in Ukraine?

  • Social (pension funds are taken from taxes paid by the employed population) – 43.2%
  • Retirement plan (deductions from wages go to a special savings account) – 33.2%
  • Other – 3.4%
  • No opinion – 20.2%

Do you rely on any supplemental sources of income, in addition to a state pension, upon retirement?

  • Yes – 15.3%
  • No – 80.1%
  • No opinion – 4.6%

What do you do to ensure your financial security upon your retirement?

  • I do nothing and count on a state pension – 68.3%
  • I invest funds in property, business, etc. – 6.7%
  • I do nothing and count on the support of my children and relatives in the future – 6.5%
  • I save money (in bank, at home, etc.) – 6.0%
  • No opinion – 12.5%

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